| [November 19, 2009] |
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Pro-Tech Industries Receives Approximately $1.6 Million Additional Contracts for 2009 - 2010
SACRAMENTO, Calif. --(Business Wire)--
Pro-Tech Fire Protection Systems Corp. and Conesco, Inc., wholly owned subsidiaries of Pro-Tech Industries, Inc. (OTCBB: PTCK), have announced receiving additional new contracts totaling an aggregate of approximately $1.6 million for their fire protection, electrical and flooring business units.
Sean McGuire, President of Pro-Tech Fire Protection Systems Corp., commented that "we are continuing to build a strong backlog of work to carry into 2010."
Don Gordon, their CEO, remarked that "as we continue to execute our business plan, we are being rewarded with opportunities that will sustain our growth in future fiscal periods. We are building off the strong foundation laid with the contracts won in the last few months, giving the company a backlog of approximately $10 million, and we expect to continue to increase that backlog throughout 2010."
The new projects are located in Sacramento, San Diego, Las Vegas, NV offices as well as Cannon Air Force Base in New Mexico. Management anticipates, but cannot provide assurances, that revenues from these projects will be realized commencing in the 4th quarter 2009 and will be primarily realized by the end of the second quarter of 2010.
About Pro-Tech Industries, Inc.:
Through its wholly owned subsidiaries, Pro-Tech Fire Protection Systems Corp. and Conesco, Inc., Pro-Tech Industries, Inc. provides design-build services in the following infrastructure segments: Fire Protection, Alarm and Detection, Telecommunications, Network Services, Flooring and Electrical Contracting. These services are provided to the Commercial/Industrial Sector, Fortune 1000 companies, and Federal, State, and Local government. For more information please visit http://www.pro-techind.com.
Forward Looking Statements
Statements about the company's expectations, including revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward looking statements.
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